\begin{table}[!htbp]\centering
\caption{Heterogeneous Treatment Effects by Tolerance Level}
\label{tab:heterogeneous_effects}
\begin{minipage}{\textwidth}
\subsection*{Panel A: Study 1}
\begin{tabular}{lcccc}
\hline\hline
 & \multicolumn{2}{c}{Exclusion} & \multicolumn{2}{c}{Prejudice} \\
\cline{2-3} \cline{4-5}
 & Economic & Humanitarian & Economic & Humanitarian \\
\hline
Treatment & 0.116 & 0.044 & 0.090 & 0.140** \\
 & (0.063) & (0.055) & (0.058) & (0.049) \\
Very Tolerant & 0.859*** & 0.859*** & 1.301*** & 1.301*** \\
 & (0.083) & (0.083) & (0.076) & (0.076) \\
Treatment $\times$ Very Tolerant & -0.111 & -0.147 & -0.176 & -0.418*** \\
 & (0.115) & (0.104) & (0.108) & (0.097) \\
Constant & -0.174*** & -0.174*** & -0.264*** & -0.264*** \\
 & (0.045) & (0.045) & (0.041) & (0.041) \\
\hline
Observations & 1175 & 1824 & 1175 & 1824 \\
R$^2$ & 0.119 & 0.097 & 0.263 & 0.200 \\
\hline
\end{tabular}
\end{minipage}

\vspace{0.5cm}

\begin{minipage}{\textwidth}
\subsection*{Panel B: Study 2}
\begin{tabular}{lcccc}
\hline\hline
 & \multicolumn{2}{c}{Exclusion} & \multicolumn{2}{c}{Prejudice} \\
\cline{2-3} \cline{4-5}
 & Economic & Humanitarian & Economic & Humanitarian \\
\hline
Treatment & 0.061 & 0.022 & 0.131*** & 0.116*** \\
 & (0.037) & (0.037) & (0.034) & (0.034) \\
Very Tolerant & 0.818*** & 0.818*** & 1.268*** & 1.268*** \\
 & (0.057) & (0.057) & (0.051) & (0.051) \\
Treatment $\times$ Very Tolerant & -0.017 & -0.023 & -0.081 & -0.147* \\
 & (0.077) & (0.078) & (0.070) & (0.073) \\
Constant & -0.157*** & -0.157*** & -0.243*** & -0.243*** \\
 & (0.026) & (0.026) & (0.024) & (0.024) \\
\hline
Observations & 3346 & 3353 & 3346 & 3353 \\
R$^2$ & 0.103 & 0.103 & 0.244 & 0.230 \\
\hline
\end{tabular}
\end{minipage}

\begin{tablenotes}
\small
\item \textit{Note:} $^{*}p<0.05$; $^{**}p<0.01$; $^{***}p<0.001$.
\item 'Very Tolerant' is a dummy variable indicating respondents who scored 6 or 7 on the immigrant warmth scale.
\end{tablenotes}
\end{table}
